Beneficiary vs. Trustee: ... For example, a trustee is not allowed to use trust assets for their own ... That means they must follow the instructions left by the trust grantor to the letter; ...

Opinion: Northern Trust's Wing Wilson says corporate trustees have challenging roles that are also multifaceted and ...

Trustee vs. Beneficiary Rights and Responsibilities A trust is a legal arrangement in which one person, called a grantor , transfers the management of assets to someone else. That someone else is ...

Beneficiary vs. Trustee: What’s the Difference? A trust is a legal arrangement in which one person or entity, called a trustee, manages assets on behalf of another person or entity, ...

For example, a parent can establish a trust for a child, giving the beneficiary control of its assets when the child reaches an age of maturity or upon the parent’s death.